Sunday Evening Post

OK, here is the deal with the comments being closed on Friday's post - in order to avoid late spam (after the fact, many days after a post is up, some less desirable individuals will sneak in and post unscrupulous links that I/we do not desire), I have the comments set to "close" after 48 hours. I set that a bit tight and have moved that to three days to accommodate the weekend post.

I should be around a bit tonight as I update some charts ( I have done a bunch already) and check the futures.

SPX and the FOMC Meeting chart -

EMERGENCY POST 09/08/11

This is an emergency post since either host is down or I have been hacked again. 

More to come later.

Wow - got to figure my way around blogger again - Obviously i have a lot of other stuff to do this AM figuring out what's up with the new blog so this will be brief. Do me a favor and leave a comment so I know you are here.

Jobs were worse than expected. Futures dipped and immediately recovered.

1m lower VWAP got abused but was retaken in the next minute. 1m200ma 1191. VWAP 1190. Upper VWAP band 1196 - Lower 1184. About 7:45 minis broke back below the VWAP. I would expect it to stay there for the rest of the day.

Yesterday STB gave the 15m 13/34 as a sell - looks like it will work. This was a TA sell and not a 13/34 cross. This is possibly only a scalp or corrective move before more strength so be careful trading it.